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It is my great honor to announce that we have successfully completed negotiations on a brand new deal to terminate and replace NAFTA and the NAFTA trade agreements with an incredible new US-Mexico-Canada Agreement, called "USMCA." It, sort of, just works: USMCA.

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I pledge to never sign any trade agreement that hurts our workers, or that diminishes our freedom and independence. Instead, I will make individual deals with individual countries.

If you want to build cars in the world, then I wish you all the best. You can build cars for the United States, but for every car that comes to the USA, you will pay 35% tax. I would tell BMW that if you are building a factory in Mexico and plan to sell cars to the USA, without a 35% tax, then you can forget that.

The markets are going to boom, the stock is going to boom, the country is going to boom, and the rest of the world wants to see is there any way they can make a deal. They've taken advantage of us for many, many years. For many years we've been at the wrong side of the ball. And I'll tell you what, I think it's going to be unbelievable.

For decades, our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike.

This is one of the most important days, in my opinion, in American history. It's our declaration of economic independence.

We will charge them approximately half of what they are and have been charging us.